Payroll Services

Payroll Services

Payroll being an indispensable function for any organization demands specialization and a clear understanding of applicable laws in systematic processing of the employees payroll. Understanding this burgeoning requirement and also to foster confidentiality and administrative convenience, we offer a discreet range of payroll services to our wide base of clients.

By Partnering with PKP Whether you are a small business looking to take on your first employees or a larger, global organization looking to outsource your payroll service, we can assist you and the benefits include:

Pratapkaran Paul & Co.,(PKP),Chartered Accountants

  •   Consolidated, error free documents & reports with sharper business intelligence and analytics
  •   Lower the risks and hassle free management of employee payroll process
  •   Better Resource management, deployment and will decrease the infrastructure investment
  •   Support your entire employee payroll life-cycle, from their date of joining to exit
  •   Lower risk related to compliance and penalties
  •   Speedy resolution of employee queries

PKP payroll services offers:

  •  Monthly payroll processing based on the latest legislative updates
  •  Processing Investment declarations of your new joins and updating it
  •  Ensure accurate processing of the legal compliance which includes Provident fund(PF), Employee state Insurance(ESI) Professional Tax (PT) Labour welfare fund.
  •  Processing of reimbursements and arrears based on validating the claim and integrate the validated claims with payroll data
  •  Processing the full and final settlement for employees after verification of leave encashment days other payments/tax deductions.
  •  Calculation of employee tax liability based on declarations provided
  •  Ensuring compliance to withholding tax provisions – deduction, payment and returns
  •  Dissemination of monthly salary slips and annual Form 16 to employees
  •  Assistance in structuring of salaries – breakdown into various components